Detail

Area

Bangladesh

Commodity Group

Rice

Commodity

All

Date

01/03/2013

Policy Category

Production

Policy Instrument

Government procurement, purchasing prices

Description

Announced that government will buy 900 000 tonnes of rice and 150 000 tonnes of paddy from the 2012-2013 Boro harvest, between May and September 2013. Volumes are to be purchased at Taka 29 per kg (USD 365 per tonne) of rice and Taka 18.5 per kg of paddy (USD 233 per tonne).